ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Why an Inflationary Recession-An Explanation

An Explanation J D Sethi To separate analytically the problems posed by an inflationary recession, such as we are faced with today, from more orthodox economic situations, its autonomous causes must be identified. These, the author suggests, are three: (1) cost inflation; (2) change in relative prices; and, (3) insufficient competition or administered prices.

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